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Pacteon Group completes acquisition of Descon Integrated Conveyor Solutions to enhance end-of-line packaging equipment offerings

PRIVATEJun 24, 2024

Acquiring Company

Pacteon Group

Acquired Company

Descon Integrated Conveyor Solutions

BlacksburgNewmarketManufacturingPackaging ServicesManufacturingFood and BeverageAgriculture and Farming

Description

Pacteon Group, a leader in End of Line Packaging Equipment Solutions, has successfully acquired Descon Integrated Conveyor Solutions, a prominent provider of integrated conveyor systems for the food and beverage industry. This strategic acquisition expands Pacteon's market presence and strengthens its portfolio of end-of-line packaging equipment offerings, reinforcing its commitment to delivering exceptional value to customers and partners.

Quick answer

Pacteon Group is acquiring Descon Integrated Conveyor Solutions, announced June 24, 2024. Pacteon Group is based in Blacksburg, Virginia, United States.

How much did Pacteon Group pay for Descon Integrated Conveyor Solutions?
The deal value was not disclosed.
What does Pacteon Group do?
Pacteon Group's mission is to offer a responsive and committed single source solution to design, integrate, and service complete packaging solutions.
Where are Pacteon Group and Descon Integrated Conveyor Solutions based?
Pacteon Group is based in Blacksburg, Virginia, United States. Descon Integrated Conveyor Solutions is based in Newmarket, New Hampshire, United States.
Who are the decision-makers at Pacteon Group?
Fundz holds 2 contacts at Pacteon Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Packaging Services and Food and Beverage

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Pacteon Group

Location

Blacksburg, Virginia, United States

About

Pacteon Group's mission is to offer a responsive and committed single source solution to design, integrate, and service complete packaging solutions. Through the acquisition of businesses offering complimentary products and shared core values, Pacteon Group, currently Schneider Packaging Equipment Company, ESS Technologies, Phoenix Wrappers, and Descon Integrated Conveyor Solutions is your one source for end-of-line packaging equipment solutions. Whether it is a cartoner, case packer, conveyor, palletizer, pick and place robot, or pallet stretch wrapper, our machines are backed with the Pacteon Group Promise: We Make It Right! 

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Frequently asked

Who acquired Descon Integrated Conveyor Solutions?

Descon Integrated Conveyor Solutions was acquired by Pacteon Group, based in Blacksburg. The deal was reported on June 24, 2024. Pacteon Group's mission is to offer a responsive and committed single source solution to design, integrate, and service complete packaging solutions. Pacteon Group is privately held and operates in Manufacturing.

When did Pacteon Group acquire Descon Integrated Conveyor Solutions?

Pacteon Group's acquisition of Descon Integrated Conveyor Solutions was reported on June 24, 2024. Pacteon Group, a leader in End of Line Packaging Equipment Solutions, has successfully acquired Descon Integrated Conveyor Solutions, a prominent provider of integrated conveyor systems for the food and beverage industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Descon Integrated Conveyor Solutions do?

Descon Integrated Conveyor Solutions is a prominent provider of integrated conveyor systems for the food and beverage industry, known for its turnkey customized conveyor solutions and reputation for customer service and innovation in North America. It is privately held, operating in Manufacturing, and is based in Newmarket.

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